Low Doc Loan
Self-employed Australians have access to a distinctive low-documentation loan that makes it easier to achieve homeownership. The documentation requirements for home loans can often be overwhelming for self-employed individuals. However, with the help of Vantage’s experienced brokers, you can quickly turn your dream of homeownership into a reality by securing the right low doc home loan product.
What Is a Low Doc Home Loan?
Low doc home loans, or low documentation loans, require less paperwork than traditional loans. They are ideal for self-employed individuals, freelancers, and business owners who may lack standard documents like payslips and payment summaries.
Instead of payslips, low doc loans rely on self-verification of income, which may include support letters from accountants and recent bank statements. Previous Business Activity Statements (BAS) may also be required.
Vantage’s expert brokers are here to assist self-employed individuals in applying for low doc loans, strengthening your application to enhance your chances of approval.